CSX CORP — Director's Dealing 2004

May 6, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CSX CORP (CSX)
CIK: 0000277948
Period of Report: 2004-05-04

Reporting Person: GIFTOS P MICHAEL (Retired Executive VP of Sub.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-05-04	Common Stock	M	11977	$21.25	Acquired	11977	Direct
2004-05-04	Common Stock	S	11977	$31.25	Disposed	0	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2004-05-04	Employee Stock Option-Option to Buy	$21.25	M	11977	Disposed	2010-04-27	Common Stock (11977)	Direct

Footnotes

F1: Options become exercisable in one-third increments on April 27 in each of the years 2003, 2004, and 2005.